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Bitcoin, Ethereum Technical Analysis: BTC Falls as Global Economic Slowdown Heightens

23.9.2022
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more apparent. This week, both the Bank of England and United States Federal Reserve have moved to increase interest...

Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike

22.9.2022
Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm

Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Near Multi-Month Lows Following Fed Rate Hike

22.9.2022
Ethereum dropped below $1,300 on Thursday, as markets continued to react to the U.S. Fed’s latest decision to raise interest rates. Following speculation of a 100-basis-point hike, the Federal Reserve hiked rates by 0.75%, as it continues to struggle against rising consumer prices. Bitcoin...

Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds

22.9.2022
Macroeconomic factors and centralization concerns are putting pressure on Ethereum's price post-Merge

Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve

22.9.2022
Six U.S. Republican lawmakers have thrown their weight behind Custodia Bank in its ongoing legal battle to get a master account at the Federal Reserve

As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’

21.9.2022
Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60...

Jerome Powell is prolonging our economic agony

21.9.2022
Jerome Powell is lengthening economic pain by refusing to raise interest rates at the necessary pace. It’s time to rip off the band-aid

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

21.9.2022
In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC

Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation

21.9.2022
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last week that showed U.S. inflation jumped last month by 8.3% per annum. Fed Raises Federal Funds Rate...

Federal Reserve Hikes Rates to Highest Since 2007; Bitcoin Falls to $19,000

21.9.2022
The Federal Open Market Committee (FOMC) raised the main U.S. interest rate on federal funds by 75 basis points (0.75 percentage point), to a range between 3% and 3.25%, in line with expectations

Tether says new court order to produce USDT reserve backing is a 'routine discovery matter'

21.9.2022
The issue deals with a lawsuit that has been ongoing since October 2019

Bitcoin 'nuke' warning as Fed rate hike decision looms — dollar index hits 20-year high

21.9.2022
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000

Stablecoins Regulation Looms Large in Bill Before US Congress – Algo Versions Face Ban

21.9.2022
While its final version is still very much unclear, the draft stablecoin bill in the United States House of Representatives would reportedly place a two-year ban on algorithmic stablecoins for two years, while allowing banks and nonbanks to issue stablecoins. According to Bloomberg, the latest...

Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years

21.9.2022
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every dollar on September 15. Similar to other global currencies that have depreciated in 2022...

Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 Ahead of FOMC Meeting

20.9.2022
Bitcoin was trading marginally higher ahead of Wednesday’s United States FOMC meeting, where it is expected that the Federal Reserve will increase interest rates. As inflation continues to remain at elevated levels, many anticipate the Fed will raise rates by over 75 basis points. Ethereum...